Multinational corporation

Multinational corporation (MNC)

Multinational Corporation

A corporation that maintains assets and/or operations in more than one country. A multinational corporation often has a long supply chain that may, for example, require the acquisition of raw materials in one country, a product's manufacture in a second country, and its retail sale in a third country. A multinational often globally manages its operations from a main office in its home country. Multinational corporations are controversial among groups such as environmentalists and worker advocates, who claim that multinationals exploit resources and employees. On the other hand, proponents argue that multinationals create wealth in every country where they operate, which ultimately benefits workers as well as shareholders.

Recent articles on transnational social space, the global immigration marketplace, and transnational enterprises appear in International Migration, Asian and Pacific Migration Journal and International Journal of Urban and Regional Research.

The United Nations should also reach out to businesses, he said, adding that national and transnational enterprises were keen to help out because the UN's development agenda is equally important for their growth.

Still, the radical reduction in the cost and ease of movement and communications, the spread of education and urbanization, the triumph (conceivably transient) of liberal ideas and practices in trade and investment, and the related elaboration of intergovernmental norms and institutions, transnational enterprises, nongovernmental organizations (NGOs), and now social and religious networks (national as well as transnational) have diversified identities and multiplied communities of interest and value.

In recent years these issues have included: the protection of human rights in the inter-American system, the work of specialized inter-American conferences on private international law, the law of treaties, the law of the sea, transnational enterprises, integration, environmental law, extradition, asylum, international responsibility, international contracting, international trade, the legal immunity of states, collective security in the inter-American system, and the peaceful resolution of disputes.

The first interpretation is for the extending of mind and vision, where enterprises become not only leaders of emerging markets, but also active participants in global markets, and future thought leaders, while demonstrating leadership as transnational enterprises.

Representing the development of inland China, Liangjiang New Area experienced a year-on-year growth of 20 percent and 300 percent in its economy and international trade respectively from January to Spetember 2012, attracting a lot of transnational enterprises.

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